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Turnover in the services sector (according to VAT returns)

Turnover in the services sector (according to VAT returns)

Economic indicators

28 February 2019

This table gives the turnover indices for a number of sectors specified by Eurostat: the wholesale trade and a number of services like transport, accommodation and food service activities, ICT, advertising and market research. The sectors are divided according to the 2008 NACE classification and Eurostat's specifications. Consequently, indices are also available for some codes at a more detailed level (e.g. G46) and other codes are brought together (e.g. M69 and M702). The indices per year give an overview of the evolution of the turnover for a particular sector during the last few years. The reference year is 2015. The quarterly indices reflect the evolution during a given year and can also be used to make year-on-year comparisons of a particular quarter. This way, they make it possible to detect cyclical changes. These indices are gross indices, but the user can create himself a table also showing the seasonally-adjusted indices and the trend. The last 2 years should still be considered as provisionnal, and can still be revised due to late vat returns or derogations.

In almost all economic sectors turnover is increasing during the fourth quarter of 2018 compared to the same period the year before. Important growth rates are registered in the IT-sector ("J62 Computer programming, consultancy and related activities" and "J63 Information service activities"), in air transport (“H51”) and in the sector “M69_M702 Legal and accounting activities, management consultancy activities”.